Riyadh—Mubasher: Saudi Paper Manufacturing Company witnessed an annual surge of 262.23% in net profit to SAR 50.35 million during the second quarter (Q2) of 2026, compared to SAR 13.90 million during the same period last year.

he company attributed the performance to increased production capacity following the commissioning of production line number 5, which bolstered sales volumes and improved average selling prices.

Quarterly revenue rose by 19.91% to SAR 250.05 million from SAR 208.53 million in the prior-year quarter.

Operating profit for the three-month period that ended on 30 June 2026 climbed by 101.62% to SAR 53.41 million.

The company also benefited from optimized selling and administrative expenses, a reduction in provisions for doubtful debts, and higher income from associates.

In the first half (H1) of 2026, net profit reached SAR 84.49 million, a 144.33% increase from SAR 34.58 million in H1-25.

Total revenue for the half-year period stood at SAR 501.40 million, while earnings per share rose to SAR 2.29 from SAR 0.94.

At the end of June 2026, the total shareholders' equity, excluding non-controlling interests, was reported at SAR 645.45 million.